Aspen Country Day School Inc

Analysis

Aspen Country Day School Inc is a registered charity in United States, based in Aspen, CO. It received its IRS tax-exemption ruling in November 1969, 57 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Aspen Country Day School Inc reported income of $16.1m and spending of $13.1m, spending 81% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $9.0m to $16.1m (+79%), an average of +16% a year. The sharpest change came in the year to June 2020, when income rose by 39%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Aspen Country Day School Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within CO. Charities of a similar size with the same main cause include Pillsbury United Communities ($16.1m), Ascension Living Our Lady of Peace ($16.1m) and Kents Hill School ($16.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 41% and program service revenue 59% of the total. Compensation of current officers, directors and key employees was $509k (3.9% of expenses). Other salaries and wages came to $5.9m. At year end it held assets of $55.2m against liabilities of $7.1m, net assets of $48.1m. It reported 92 employees.